PS5 Is Outselling The Xbox Series X/S Almost Two-To-One On The Resale Market
Even at double the price in the resale market, the PS5 continues to sell well.
Since launching back in November, the PlayStation 5, Xbox Series X, and Xbox Series S have sold out of stock almost immediately through online and brick-and-mortar stores. Both consoles can still be purchased, provided that you're willing to buy them through private sellers and pay a higher price.
Reseller website StockX has seen demand for Sony's new console climb after launch, with a global demand that has resulted in it outselling Microsoft's Xbox Series X/S consoles at a rate of nearly two-to-one.
The average price for a $500 PS5 is $900 through the website, while the $500 Xbox Series X usually sells for around $730. According to StockX, it has overseen the sale of "more than 60,000 PlayStation and Xbox consoles globally," as of December 8.
"Across all domestic and international versions (US, UK, and EU), the two PlayStation consoles (Blu-ray and digital) have been the more popular choice, accounting for 62% of console sales to date, compared to 38% for the Xbox (Series X/S)," StockX senior economist Jesse Einhornhe said to Business Insider.
It's worth noting that the launch of both consoles has seen a rise in scalpers buying up all available stock as soon as it dropped, leading to shortages and a number of consoles being sold online through Ebay at a massively inflated price. It's not known just how many Xbox Series X/S units were available for sale since the November launch, although Microsoft has claimed that the start of this generation has led to the biggest Xbox launch of all time.